North Korea

Driven by China and India, Asia’s developing economies saw healthy rates of growth in 2017. Japan’s economic prospects are less favourable however. Too many of Asia’s economies are excessively dependent on exports and large inflows of foreign ...

Asia Pacific leads the volume sale of small appliance in the world and it is the fastest growing region. This explores the market landscape of small appliance products and the factors that influence the performance of the industry in Asia Pacific....

Asia Pacific is by far the largest market for major appliances globally, and will remain so. Growth is mainly generated in emerging countries such as China, India and Vietnam, while the market shows stagnation in countries such as Japan and Hong ...

With the turnover value of USD504.6 billion, Asia Pacific is the world’s largest pharmaceutical and medical device producer, surpassing Western Europe. Following the slowdown in 2017, the region’s medical products manufacturing is anticipated to ...

Asia Pacific remains the world’s largest metal producer, led by booming Chinese industry. Growing global demand for and prices of iron, steel, precious and non-ferrous metals plays a significant role in the region’s industrial growth. China, Japan, ...

The energy sector is the key provider for many integral sectors in every economy, such as chemical products, utilities, transport, metal products manufacturing, etc. Over the 2017-2030 period, the energy industry is expected to experience stable ...

North Korea’s economy appears to be struggling with growth of around 2% per year. However, when activities in the informal sector are taken into account the rate of growth is higher. Both the UN and the US have imposed, tough sanctions which will ...

In the Travel Quarterly Statement for Q2 2018, we review the latest performance of travel and tourism demand, considering the key growth drivers impacting destinations and source markets. With growing anti-globalisation sentiment, a trade war between...

With revenue of USD293 billion in 2017, Asia Pacific is the world’s third largest region for recreation, entertainment and arts production. However, Asia Pacific is rapidly catching up with other regions, and it is forecast that over the period ...

Local and international community support has allowed renewable energy expansion to gain pace, with even faster growth expected over the period to 2030. Over 2017-2025 the electricity equipment and metal mining industries will experience a ...

Asia Pacific is currently behind Western Europe, North America and Latin America in terms of men’s grooming value sales, but its fastest growth rate over 2011-2016 and the lowest per-capita spend globally explains that many countries in the region ...

The recent past has seen enormous population changes including rapid urbanisation, accelerating migration and population ageing. These changes are set to continue in the future with far-reaching implications. They play a powerful role in driving the ...

Drug prices in developed markets will remain under pressure, in line with government-mandated initiatives, expected patent losses, and rising generic penetration. The key players are already losing their profits and thus ramp up advertising budgets ...

With production of USD2.8 trillion, Asia Pacific is the world’s third-largest business services market by revenue, following North America and Western Europe. Asia Pacific is the fastest developing region in business services globally. Future revenue...

A growing ageing population is both an economic challenge and a business opportunity. As populations age, life’s milestones are deferred, and more people in the later stages of life assume the typical responsibilities of their younger counterparts, ...

The Asian market is as important as ever. Half of global growth in consumer expenditure will originate in the region in the coming years. As a result, Asia Pacific will attract growing attention from global companies, for many of which Asia will ...

In the age of digital transformation, consumers strive to experience more across the customer journey. To meet consumers’ expectations, brands need to take a consumer-centric view, looking at each touchpoint in the path to purchase and after, to ...

Increasing awareness around ethical and environmental issues is driving the rise in mindful consumption. Although interest in ethical living is higher in emerging markets, it is still developed economies that lead the commercialisation of ...

Middle class consumers are an important target group for businesses, because they are the foundation and driver of consumer markets. This report analyses key trends that relate to the Middle Class Retreat megatrend. It examines their impact on ...

Experience More is defined as prioritising experiences over things, where consumers engage directly with a product/service, and in return they receive an enhanced and unique interaction with the brand. Consumers are seeking out authentic, ...